Title
RESOLUTION NO. 24R-09-196: A RESOLUTION APPROVING THE RENEWAL OF THE CONTRACT WITH AMERIFLEX TO PROVIDE ADMINISTRATION OF THE CITY OF LAUDERHILL'S MEDICAL FLEXIBLE SPENDING ACCOUNT AND DEPENDENT CARE SPENDING ACCOUNT UNDER THE SECTION 125 FLEXIBLE BENEFIT PROGRAM FOR ALL CITY EMPLOYEES AT "NO CHARGE" FOR A ONE YEAR TERM BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025; PROVIDING FOR AN EFFECTIVE DATE (REQUESTED BY CITY MANAGER, DESORAE GILES-SMITH).
Body
Request Action:
A resolution approving the renewal of the contract with Ameriflex to provide administration of the City of Lauderhill's Medical Flexible Spending Account and Dependent Care Spending Account under the Section 125 Flexible Benefit Program for All eligible City employees at "No Charge" for a one year term beginning October 1, 2024 and ending September 30, 2025; providing for an effective date (requested by City Manager Desorae Giles-Smith).
Need Summary Explanation/ Background:
To provide medical flexible spending and dependent care accounts to eligible employees.
Cost Summary/ Fiscal Impact:
Ameriflex will provide plan administration of the City's Medical Flexible Spending Account and Dependent Care Spending Account under the Section 125 Flexible Benefit Plan for all eligible city employees at no charge to the City.
Attachments:
2024 Ameriflex Renewal Letter